‘Silver is the new oil’

FXStreet/Collin Plume

Repost from 11-17-2020

photo of three silver bars“A major component in the most sophisticated of these technologies producing renewable energy is silver. Silver is the best conductor of electricity. The beauty of silver is that technology has so far failed to replace it with an alternative. No known material matches silver for its energy output and conductivity per dollar. It is still relatively cheap too.”

USAGOLD note:  Plume will catch your attention with his assertion that “silver is the new oil.” Silver demand would get an assist from a Biden administration pushing oil alternative technologies.

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